Re: [ANN] ION [ION] | ICO LIVE | PoS 3.0 | Mobile Gaming

@icocountdown.com
You should get your fact right if you want a successful website, you have several errors in this post:

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Adam Matlack involvement with previous scam Paycoin.

Reference: https://bitcoinmagazine.com/articles/death-paycoin-employee-video-reveals-internal-chaos-1429396603

Reference: http://themerkle.com/gaw-miners-scam/

Reference: https://bitcointalk.org/index.php?topic=900970.0

Matlack was an investor that lost money with XPY and tried to redeem it with XPY.IO.

Your bitcoin magazine reference actually stated that Matlack was at odds with Garza and declared its independence from GAW. Also no evidence of Matlack scamming anyone.

Your second reference doesn't mention Matlack at all.

Your third is a forum in which they call Matlack a scammer but also provide no evidence.

Basically your references prove that Paycoin was a scam, most already know this. You show no evidence as to how Matlack was a part of the scam.

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Clearly cloned software from Darkcoin(DASH) (they marked Eduffield developer of DASH and masternodes in the whitepaper.) If there is any software at all.

Reference: https://github.com/ionomy/ion/wiki/ION-Technical-Whitepaper

Actually it uses Blackcoin (POS 3.0) with Dash Masternodes incorporated.

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Shocking similarities between paycoin and this coin including

Huge pre-mine (5.9 Million out of 10.9 million supply) Giving control of highest paying masternodes to them in the network.

Reference: https://www.reddit.com/r/Bitcoin/comments/2r4gck/gaw_miners_liars_frauds_a_brief_recap_of_what_we/

Reference: https://github.com/ionomy/ion/wiki/ION-Technical-Whitepaper

Masternodes = Prime Controllers.(In this case anyway).
Reference: http://coinjournal.net/former-paycoin-developer-joe-mordica-speaks-about-gaws-power-bill-and-prime-controller-issue/

The premine is laid out in detail here and is not as you describe: https://github.com/ionomy/ion/wiki/ION-Technical-Whitepaper#coin-overview

Initial coin supply: 10,900,000 IONs
   5 million IONs will be available through the Initial Coin Offering (ICO) in exchange for BTC and a wide selection of other cryptocurrencies.
   3.4 million IONs are allocated to ionomy.com and shall be distributed as structured incentives to gamers through the gaming applications designed by ionomy.com.
   2.5 million IONs are reserved to pay bounties for coin development.

Paycoin had a dynamic percent return which could be changed at any time and had compounding returns.

Ion will have a static return which is described here: https://github.com/ionomy/ion/wiki/ION-Technical-Whitepaper#staking-wallets
And here: https://github.com/ionomy/ion/wiki/ION-Technical-Whitepaper#masternodes

Maternodes wont have a compound interest rate as it will have to remain a 20,000 block to remain a Masternode.

Let's roll with your theory that he was 100% innocent in the GAW fiasco.

He was too stupid to stop himself from losing money in an obvious scam.

Then his next venture, xpy.io was an abject failure (as they have completely abandoned it and moved on to something else.

Why are you so excited to join his team?

Falling for a scam doesn't mean you don't have a mind for business.
I'm not a part of the team, just a small time investor.
I think it has the potential to bring in users that aren't even aware of crypto.
Make some addictive mainstream type games in which users can export/import assets.
It's a great idea if executed properly.

The business plan hasn't been released and will better explain/answer a lot of questions that have been asked, in regards to how it will be successful.

Not all scams are created equally. Falling for the GAW scam shows especially low intelligence, especially in the field of concurrency, because it was obvious that GAW was a scam because it was impossible for what he was saying to be true.

the question about the google play/itunes store TOS that have been continually ignored this time are just like the questions about how "boosts" and hashlets worked with GAW. Just like us wondering why there was no evidence of GAW's mining power on blockchains. Just like wondering how the $20 floor made sense for GAW.

These are the same people giving similarly impossible promises. Don't be shocked when the result is shockingly similar.

Again, I'm not sure whether they're scammers or idiots, but both will end up with investors having nothing.